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SLM Corp (SLM.OQ)

SLM.OQ on NASDAQ Stock Exchange Global Select Market

11.26USD
4:00pm EDT
Change (% chg)

$-0.02 (-0.18%)
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$11.28
Open
$11.43
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$11.43
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$11.25
Volume
663,144
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$13.18
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Latest Key Developments (Source: Significant Developments)

Sallie Mae reports Q2 GAAP earnings per share $0.15
Wednesday, 19 Jul 2017 04:30pm EDT 

July 19 (Reuters) - SLM Corp :Sallie Mae reports second-quarter 2017 financial results.Q2 GAAP earnings per share $0.15.Q2 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Q2 core earnings per share $0.16.Qtrly private education loan originations of $431 million, up 2 percent..Qtrly net interest income of $270 million, up 27 percent..Slm corp sees full-year diluted core earnings per share of $0.71 - $0.72.Qtrly private education loan delinquencies as percentage of private education loans in repayment were 2.2 percent, up from 2.1 percent.SLM Corp sees full-year private education loan originations of $4.9 billion.SLM Corp sees full-year non-gaap operating efficiency ratio of 38 percent to 39 percent.Qtrly private education loan provision for loan losses was $49 million, up from $42 million.FY2017 earnings per share view $0.73, revenue view $1.10 billion -- Thomson Reuters I/B/E/S.  Full Article

Sallie Mae Q1 gaap earnings per share $0.20
Wednesday, 19 Apr 2017 04:30pm EDT 

April 19 (Reuters) - SLM Corp ::Sallie Mae reports first-quarter 2017 financial results.Q1 gaap earnings per share $0.20.Q1 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.Q1 core earnings per share $0.21.SLM Corp - expects 2017 full-year diluted core earnings per share: $0.70 - $0.72.SLM corp - expects 2017 full-year private education loan originations of $4.9 billion.Qtrly net interest income of $268 million, up 28 percent.SLM Corp - expects 2017 full-year non-gaap operating efficiency ratio: 38 percent - 39 percent.Qtrly private education loan originations of $1.8 billion, up 2 percent.SLM Corp qtrly private education loan provision for loan losses was $27 million, down from $34 million..Fy2017 earnings per share view $0.69 -- Thomson Reuters I/B/E/S.SLM Corp qtrly private education loan delinquencies as a percentage of private education loans in repayment were 1.9 percent, down from 2.1 percent.  Full Article

SLM Corporation announces public offering of senior notes
Friday, 31 Mar 2017 10:48am EDT 

Slm Corp : SLM Corporation announces public offering of senior notes .Intends to use net proceeds to redeem its outstanding 6.97 percent series A preferred stock.  Full Article

Sallie Mae Bank received confirmation from Federal Deposit Insurance Corporation
Tuesday, 28 Mar 2017 08:32am EDT 

Slm Corp : On March 27, 2017, Sallie Mae Bank received confirmation From Federal Deposit Insurance Corporation (FDIC) - SEC filing . Confirmation received that effective March 23, FDIC terminated consent order and order for restitution issued on May 13, 2014 against bank .Termination from FDIC was issued with no conditions - SEC filing.  Full Article

Sallie Mae reports Q4 earnings per share $0.15
Wednesday, 18 Jan 2017 05:00pm EST 

Slm Corp - : Sallie Mae reports fourth-quarter and full-year 2016 financial results . Q4 gaap earnings per share $0.15 . Q4 core earnings per share $0.15 . Q4 earnings per share view $0.14 -- Thomson Reuters I/B/E/S . Qtrly private education loan originations of $608 million, up 6 percent. . Quarterly net interest income of $245 million, up 31 percent. . Quarterly private education loan delinquencies as a percentage of private education loans in repayment were 2.1 percent, down from 2.2 percent . Sees FY 2017 core earnings per share $0.67 to $0.69 . Sees full-year 2017 private education loan originations of $4.9 billion . Sees full-year 2017 non-gaap operating efficiency ratio: 38 percent - 39 percent . FY2017 earnings per share view $0.68 -- Thomson Reuters I/B/E/S .Quarterly private education loan provision for loan losses was $43 million, up from $29 million.  Full Article

Sallie Mae says company and current units not named in Navient lawsuit
Wednesday, 18 Jan 2017 05:00pm EST 

Slm Corp - : Sallie Mae issues statement .Neither co, Sallie Mae bank, nor any of their current units are named in lawsuit related to CFP bureau's complaint against Navient Corp.  Full Article

Sallie Mae Q2 GAAP earnings per share $0.12
Wednesday, 20 Jul 2016 04:30pm EDT 

Sallie Mae : Qtrly private education loan provision for loan losses of $42 million, up from $15 million . Qtrly net interest income of $213 million, up 26 percent . Sees 2016 full-year private education loan originations of $4.6 billion . Qtrly private education loan portfolio grows 32 percent from year-ago quarter to $12.2 billion . Qtrly delinquencies as a percentage of private education loans in repayment were 2.1 percent, up from 1.7 percent . Fy2016 earnings per share view $0.51 -- Thomson Reuters I/B/E/S . Qtrly private education loan originations of $423 million, up 10 percent . Reports Second-Quarter 2016 financial results . Q2 gaap earnings per share $0.12 . Q2 core earnings per share $0.12 . Q2 earnings per share view $0.11 -- Thomson Reuters I/B/E/S . Sees 2016 full-year diluted core earnings per share between $.51 and $.52 . Qtrly loans in forbearance were 2.9 percent of private education loans in repayment and forbearance, down from 5.7 percent .Sees 2016 full-year operating efficiency ratio improvement of 10 percent.  Full Article

SLM Corp declares preferred stock series A and B Dividends
Tuesday, 24 Nov 2015 04:35pm EST 

SLM Corp:Fourth-quarter dividend on its Preferred Stock Series B of $0.5145292 per share.Says will be paid on Dec.15 to stockholders of record at the close of business on Dec. 4.  Full Article

RPT-SPECIAL REPORT-Herded into default, then hounded to repay student loans

PHILADELPHIA, July 25 Lakisha Johnson figured all she needed was her 2016 tax refund to get her and her daughter out of a homeless shelter and back into a place of their own.